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Werner Enterprises Inventory Turnover

: 42.72 (As of Mar. 2021)
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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Werner Enterprises's Cost of Goods Sold for the three months ended in Mar. 2021 was $512 Mil. Werner Enterprises's Total Inventories for the quarter that ended in Mar. 2021 was $12 Mil. Werner Enterprises's Inventory Turnover for the quarter that ended in Mar. 2021 was 42.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Werner Enterprises's Days Inventory for the three months ended in Mar. 2021 was 2.14.

Total Inventories can be measured by Days Sales of Inventory (DSI). Werner Enterprises's days sales of inventory (DSI) for the three months ended in Mar. 2021 was 1.77.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Werner Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.02.


Werner Enterprises Inventory Turnover Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Werner Enterprises Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.45 144.86 187.54 210.98 179.42

Werner Enterprises Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.00 54.24 52.46 45.22 42.72

Werner Enterprises Inventory Turnover Calculation

Werner Enterprises's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=1911.283 / ((9.243 + 12.062) / 2 )
=1911.283 / 10.6525
=179.42

Werner Enterprises's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover (Q: Mar. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Mar. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count )
=512.282 / ((12.062 + 11.919) / 2 )
=512.282 / 11.9905
=42.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Werner Enterprises  (NAS:WERN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Werner Enterprises's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory =Total Inventories (Q: Mar. 2021 )/Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=11.9905/512.282*365 / 4
=2.14

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Werner Enterprises's Days Sales of Inventory for the three months ended in Mar. 2021 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Mar. 2021 )/Revenue (Q: Mar. 2021 )*Days in Period
=11.9905/616.446*365 / 4
=1.77

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Werner Enterprises's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=11.9905 / 616.446
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Werner Enterprises Inventory Turnover Related Terms


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